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Banks prepare for graduate recruitment

Published: Wednesday, 16 September 2009   Category: Professional & financial services

While the financial sector was one of the worst hit by the recession in terms of redundancies, employers in the industry are now gearing up to find candidates for graduate jobs.

Research by the Times suggests that investment banks in London are planning a 20 per cent increase in graduate recruitment numbers for 2010 and will be arriving on campuses as students return to university this month.

The newspaper, which launches its new Top 100 Graduate Employers list today (September 16th), also revealed that engineering and public sector firms are also expecting a ten per cent boost for jobs.

Martin Birchall, editor of the Top 100, said: "The financial sector was, inevitably, one of the employment areas hit hardest at the start of the credit crunch, but it is among the first to show early signs of recovery."

The Sunday Times University Guide recently put those with an economics degree from the prestigious Cambridge University at the top of a list of graduates with the highest average salary.

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